Category Archives: Germany

Press Releases & News from Germany distributed via EuropaWire

Daimler Buses Unveils Ambitious Plans for Electric Future and Digital Innovation

(IN BRIEF) Daimler Buses has revealed its ambitious goals for the future, aiming to solidify its position as a global leader in the bus industry by 2030. With a focus on expanding its electric vehicle portfolio and enhancing digitalization, the … Read the full press release

Siemens and NVIDIA Accelerate Industrial Metaverse Vision

(IN BRIEF) Siemens and NVIDIA have announced an expanded collaboration aimed at advancing the development of the industrial metaverse. Through the integration of NVIDIA Omniverse Cloud APIs into the Siemens Xcelerator platform, immersive visualization capabilities powered by generative AI technology … Read the full press release

Rheinmetall Expands Vehicle Portfolio with Acquisition of Dutch Startup REEQ

(IN BRIEF) Rheinmetall, a leading technology group, has bolstered its vehicle portfolio by acquiring the Dutch startup REEQ, marking a strategic move towards innovative light hybrid vehicles. The acquisition, completed by Rheinmetall Defence Nederland B.V., a subsidiary of Rheinmetall’s Vehicle … Read the full press release

Continental’s Study Reveals Global Disparities in Agricultural Digitalization

(IN BRIEF) Continental, in collaboration with Innofact AG, conducted a study titled “Agriculture in transition,” surveying 503 farmers across five countries, shedding light on the digitalization levels in agriculture worldwide. The findings indicate varying degrees of digital adoption, with some … Read the full press release

Mercedes me Eco Coach App Surpasses 200,000 Users, Enhances Environmental Awareness

(IN BRIEF) With over 200,000 registered users, the Mercedes me Eco Coach app has become a popular tool for promoting environmentally conscious driving behavior among electric car and plug-in hybrid owners. The app serves as a digital personal trainer, offering … Read the full press release

DBDX Launches Successful Crypto Trading with ICF Bank and Bankhaus Metzler as Pilot Clients

(IN BRIEF) The Deutsche Börse Digital Exchange (DBDX) has commenced trading activities with successful transactions facilitated by ICF Bank and Bankhaus Metzler, marking a significant milestone in the institutional adoption of blockchain technology in the financial sector. With a focus … Read the full press release

wpd Showcases European Wind Farm Successes at WindEurope Bilbao 2024

(IN BRIEF) As a prominent developer and operator of wind farms in Europe, wpd is gearing up to participate in WindEurope 2024 in Bilbao, a key international trade fair. The company highlights recent achievements, including the commissioning of four onshore … Read the full press release

CEO Markus Lesser to Resign from PNE AG, Board Seeks Successor

(IN BRIEF) Markus Lesser, CEO of PNE AG, has announced his intention to resign from his position by the end of July 2024 due to personal reasons. The Supervisory Board plans to engage in discussions with Lesser regarding the early … Read the full press release

Sempra Infrastructure Partners with Vestas for Expansion of Cimarron Wind Farm in Mexico

(IN BRIEF) Sempra Infrastructure, a subsidiary of Sempra, has awarded Vestas a 319 MW order for the expansion of the Cimarron wind farm in Tecate, Mexico. As part of the Energia Sierra Juarez Wind Complex, this phase will add 64 … Read the full press release

Volkswagen Financial Services Concludes 2023 with Strong Results and Focus on Sustainability

(IN BRIEF) Volkswagen Financial Services has announced a successful conclusion to the 2023 financial year, marked by an operating profit of EUR 3.25 billion. Despite challenges such as negative valuation effects and a challenging interest rate environment, the company achieved … Read the full press release

TUM Takes Historic Step: Removing Nazi-Era Names and Honors

(IN BRIEF) In a profound move towards historical accountability, the Technical University of Munich (TUM) announces the removal of names associated with Nazi history from its buildings and rooms, alongside distancing itself from honorary titles awarded during the Nazi era. … Read the full press release

Continental SportContact 7 Dominates Auto Bild sportscars UHP Summer Tire Test

(IN BRIEF) In a recent evaluation by Auto Bild sportscars, the Continental SportContact 7 UHP summer tire emerged as the undisputed champion, securing top honors with an overall score of 1.2. Tested against six competitors on wet and dry roads, … Read the full press release

EHRA 2024: Unveiling Groundbreaking Innovations in Arrhythmia Management

(IN BRIEF) Prepare for the latest advancements in the prevention and treatment of heart rhythm disorders at EHRA 2024, the annual congress of the European Heart Rhythm Association (EHRA), part of the European Society of Cardiology (ESC). Set to take … Read the full press release

TÜV Rheinland Earns TAF Accreditation for Water Efficiency Management Systems Certification

(IN BRIEF) TÜV Rheinland achieves Taiwan Accreditation Foundation (TAF) accreditation for ISO 46001:2019 Water Efficiency Management Systems, reinforcing its commitment to sustainable water resource management. With water resource management aligning closely with the United Nations Sustainable Development Goals (SDGs), TÜV … Read the full press release

Evonik Vland Biotech Launches Joint Venture to Enhance Animal Gut Health Solutions

(IN BRIEF) The joint venture, Evonik Vland Biotech, established by Evonik China and Shandong Vland Biotech, officially commenced operations in Binzhou, China, aiming to bolster the market presence of probiotics for livestock gut health in the Greater China region while … Read the full press release

Evonik’s EUDRAGIT® Polymers: Pioneering Pharmaceutical Innovation for 70 Years

(IN BRIEF) Evonik’s EUDRAGIT® polymers, renowned coatings for pharmaceuticals, celebrate 70 years of revolutionizing drug delivery. With over 23,000 patents and 10,000 scientific publications, these methacrylate polymers have become industry standards, employed in formulations for modified drug release across 80 … Read the full press release

Tubulis Secures €128 Million Series B2 Financing to Advance Novel ADC Pipeline for Cancer Treatment

(IN BRIEF) Tubulis has closed an oversubscribed €128 million ($138.8 million) Series B2 financing round, co-led by EQT Life Sciences and Nextech Invest Ltd, with participation from new and existing investors including Frazier Life Sciences and Deep Track Capital. The … Read the full press release

Mercedes-Benz Trucks Successfully Concludes Extreme Cold Testing of eActros 600 in Finland

(IN BRIEF) Mercedes-Benz Trucks engineers have completed rigorous trials of the battery-electric eActros 600 in Rovaniemi, Finland, enduring temperatures as low as minus 35 degrees Celsius. Dr. Christof Weber, Head of Global Testing, expresses satisfaction with the test outcomes, praising … Read the full press release

Mercedes-Benz Trucks Classic Collection Welcomes Restored 1899 Daimler Cardan-Truck: A Journey Through Time

(IN BRIEF) The Mercedes-Benz Trucks Classic Collection proudly introduces the restoration of the 1899 Daimler Cardan-Truck, a remarkable piece of automotive history. Originally utilized by the Stuttgart Municipal Water Works until 1923, this pioneering vehicle has undergone meticulous restoration after … Read the full press release

Nagarro and Mercedes-Benz’s Acentrik Forge Partnership for Web3 Advancements

(IN BRIEF) Nagarro, a global digital engineering leader, has partnered with Acentrik, a strategic product of Mercedes-Benz, to advance Web3 innovation with Acentrik Version 3.0. Acentrik specializes in white-label data marketplaces, enhancing data value chains with privacy-preserving features. Nagarro’s role … Read the full press release

Rheinmetall AG Continues Growth Trajectory with Record Earnings and Order Backlog

(IN BRIEF) Rheinmetall AG, headquartered in Düsseldorf, has achieved record earnings and order backlog figures in fiscal year 2023, continuing its growth trajectory. The company’s focus on the defence sector, particularly amid a changed threat situation in Europe, has led … Read the full press release

AFRY Spearheads Germany’s Clean Energy Transition with SuedOstLink Cable Planning

(IN BRIEF) AFRY has been appointed as the technical advisor by 50Hertz, the transmission system operator, for the critical SuedOstLink project, a key grid expansion endeavor to accelerate Germany’s energy transition. The project involves planning a 540-kilometer underground cable, set … Read the full press release

Infineon Launches OptiMOS™ 6 200 V MOSFETs, Revolutionizing Motor Drive Applications

(IN BRIEF) Infineon Technologies AG introduces the OptiMOS™ 6 200 V MOSFET product family, designed to revolutionize motor drive applications like e-scooters, micro-EVs, and E-forklifts. This new portfolio boasts enhanced technical features compared to its predecessor, including a 42% lower … Read the full press release

Voith’s Infinity Press Felts: A Global Success Story in Paper Production

(IN BRIEF) Voith’s Infinity press felts have established a global reputation for excellence since their introduction in 2011, offering superior performance and durability. Examples of their success include a significant reduction in steam consumption and a record-setting service life in … Read the full press release

EQT Private Equity Sells Stake in Ottobock to Majority Shareholder Professor Hans Georg Näder

(IN BRIEF) EQT Private Equity has announced the sale of its 20% stake in Ottobock, the leading provider of wearable human bionics solutions, to Professor Hans Georg Näder and the Näder Family. Since EQT’s investment in 2017, Ottobock has experienced … Read the full press release

EIB Provides €500 Million Loan to Evonik for Sustainable Transformation

(IN BRIEF) Evonik, Germany’s second-largest chemical company, has secured a €500 million framework loan from the European Investment Bank (EIB) to accelerate its sustainable transformation. The financing will support Evonik’s Next Generation Solutions portfolio, which focuses on energy-efficient, bio-based, and … Read the full press release

Rheinmetall Secures €208 Million Spanish Ammunition Deal: Strengthens Position in European Artillery Market

(IN BRIEF) The Spanish government has awarded Rheinmetall a contract worth approximately €208 million for the supply of 94,200 155mm artillery rounds. These rounds, to be delivered between late 2024 and late 2025 with a potential two-year extension, underscore Rheinmetall’s … Read the full press release

Nagarro Reports 6.5% Year-on-Year Revenue Growth for 2023, Despite Moderation in Gross Profit and Adjusted EBITDA

(IN BRIEF) Nagarro, a global digital engineering leader, announced its preliminary unaudited financial numbers for the full year ending December 31, 2023. Despite achieving a revenue growth of 6.5% year-on-year, reaching €912.0 million, the company faced challenges in gross profit … Read the full press release

Volkswagen Group’s Robust Financial Results Set Stage for Accelerated Transformation in 2024

(IN BRIEF) Despite facing challenging conditions in 2023, Volkswagen Group achieved robust financial results, showcasing its resilience and adaptability. With a strong focus on electrification and a flexible product strategy, the Group successfully met customers’ needs globally. The year also … Read the full press release

Daimler Buses Unveils Cutting-Edge Electric Mobility Solutions at Bus2Bus 2024

(IN BRIEF) At the Bus2Bus 2024 event in Berlin, Daimler Buses showcased its latest advancements in electric mobility, featuring the Mercedes-Benz eCitaro fuel cell and the Setra MultiClass LE intercity bus. The eCitaro fuel cell boasts a remarkable 400-kilometre range … Read the full press release

Germany’s Renewable Future: PNE Group Awarded Contracts for 26.4 MW Wind Farms

(IN BRIEF) PNE Group secures contracts for three new wind farms totaling 26.4 MW capacity through successful bids in the Bundesnetzagentur’s round of tenders. The awarded projects include expansions in Schleswig-Holstein and Hesse, along with a new development in Brandenburg. … Read the full press release

E.ON to Invest €42 Billion in European Energy Transition, Surpasses 2023 Earnings Expectations

(IN BRIEF) E.ON, a major player in Europe’s energy sector, plans to increase its investments from €33 billion to €42 billion for 2024-2028, focusing on energy networks and infrastructure. The company exceeded earnings expectations in 2023, with adjusted Group EBITDA … Read the full press release

DHL Global Connectedness Report 2024: Insights into Global Flows Amidst Pandemic and Geopolitical Strains

(IN BRIEF) The DHL Global Connectedness Report 2024 reveals that despite the challenges posed by the pandemic and geopolitical conflicts, globalization has reached record highs. Trade growth has been instrumental in sustaining global connectedness, with Singapore leading the list of … Read the full press release

TUM’s Vital Role in Quantum Satellite Initiative: A Secure Frontier Unveiled

(IN BRIEF) As the threat of quantum computers grows, rendering traditional encryption methods obsolete, researchers at the Technical University of Munich (TUM) are pioneering a new approach. Led by Professor Tobias Vogl, they’re developing quantum encryption based on the immutable … Read the full press release

Revolutionizing Vehicle Safety: Mercedes-Benz and Fraunhofer Society Unveil Groundbreaking Transparent Crash Tests

(IN BRIEF) Mercedes-Benz, in collaboration with the Fraunhofer Society, conducts the world’s first X-ray crash test using a real car at the Ernst Mach Institute in Freiburg. This groundbreaking demonstration unveils previously hidden internal deformation processes during crashes, providing valuable … Read the full press release

Language Learning App for DHL Employees Wins Prestigious Award in Education Category

(IN BRIEF) DHL Group’s language learning app, developed in collaboration with LinguaTV, has clinched the national World Summit Award Germany in the Learning & Education category. This recognition propels the further education initiative into contention for the global WSA Global … Read the full press release

Nagarro Backs Eschborn-Frankfurt Race for Second Year, Championing Sports and Sustainability

(IN BRIEF) Nagarro, a leading digital engineering specialist, is set to participate in the Eschborn-Frankfurt cycling race for the second consecutive year. With a workforce spanning 36 countries, Nagarro’s involvement in the event reaffirms its commitment to sports, community engagement, … Read the full press release

Streamlining Recycling: Leadec Launches Digital Waste Management Initiative in German Automotive Plants

(IN BRIEF) Leadec, an industrial services provider, is implementing a digital waste management solution at automotive plants in southern and northern Germany. This system enhances waste tracking and material flow optimization, promoting increased recycling rates and reduced disposal costs. Through … Read the full press release

Infineon Introduces CoolSiC™ MOSFETs 2000 V for Enhanced Power Density in High Voltage Systems

(IN BRIEF) Infineon Technologies AG launches the new CoolSiC™ MOSFETs 2000 V in the TO-247PLUS-4-HCC package, addressing the growing demand among designers for increased power density while maintaining system reliability in high voltage and switching frequency conditions. These MOSFETs offer … Read the full press release

wpd Achieves Wind Energy Milestones in Sweden and Finland

(IN BRIEF) wpd, a leading developer of onshore wind energy projects in Europe, has achieved significant milestones in Sweden and Finland. In Sweden, they’ve commissioned the Stöllsäterberget wind farm and secured contracts for future projects. In Finland, wpd is progressing … Read the full press release